Advance Metals Limited (“Advance” or “the Company”) is pleased to announce the successful completion of a capital raising initiative to fully fund a follow-up exploration program at the Myrtleford Project in Victoria. The Company has secured firm commitments to raise $2.55 million (before costs) through a single-tranche Placement to institutional and sophisticated investors. Evolution Capital acted as Lead Manager for the raising, with significant backing from key existing AVM shareholders. The raising follows recent exceptional gold results from the Company’s maiden drilling program...

https://investingnews.com/successful-capital-raising-to-accelerate-exploration-at-the-high-grade-myrtleford-project/

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